1001 CR 463, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $154,695 and $447,886, with a best estimate of $217,601. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$217,601
$214,746
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $154,695 and $447,886. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$8,013 for 84 sqft less living space and -$17,858 for being older. Net adjustment: -$25,871.
Adjusted -$16,026 for 168 sqft less living space and +$59,528 for being newer. Net adjustment: +$43,502.
Adjusted -$5,342 for 56 sqft less living space and +$47,623 for being newer. Net adjustment: +$42,281.
Adjusted +$42,735 for 448 sqft more living space and +$29,764 for being newer. Net adjustment: +$72,499.
Adjusted -$16,026 for 168 sqft less living space and -$71,434 for being older. Net adjustment: -$87,460.
The Neighborhood
This home is valued 19.8% above the AM40SDXI - MH EAST median of $179,286. With 922 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
above averageThis home is +19.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,635 across all districts. With a homestead exemption claimed, that drops to $1,969 — saving $1,666 per year. That's $164 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Coupland ISD | School | 1.1622% | $2,496 |
| Williamson County | County | 0.3694% | $793 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $215 |
| Williamson County FM/Rd | County | 0.0443% | $95 |
| Lower Brushy Creek WCID | Water | 0.0169% | $36 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6929% | $3,635 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $217,601 would pay approximately $1,358 per month (principal and interest only, excluding taxes and insurance).